Author: CNBC

Move over, Beijing. Mumbai is now the Asian capital with the most number of billionaires, according to Hurun Research Institute’s global rich list.  This is the first time that India’s most populous city has taken the top spot in Asia. Topping the 2024 global rich list for cities is New York (119), followed by London…

Singapore is the world’s latest “blue zone” — defined as a place where people live longer and healthier lives. “Singapore has … the highest health-adjusted life expectancy in the world. So whatever Singapore did, it worked at producing the longest, healthiest life on the planet,” Dan Buettner, who coined the term “blue zones” told CNBC…

Fancy anklets at an upscale jewellery shop in Thiruvananthapuram (Trivandrum), Kerala, India Nurphoto | Nurphoto | Getty Images India’s fondness for gold has neither benefited its economy nor generated decent returns for investors, BlackRock Founder and Chairman Larry Fink said in his annual letter to shareholders of the world’s largest asset manager. “When I visited…

Check out the companies making headlines in extended trading. GameStop — The video game retailer tumbled 15% after reporting shrinking revenue compared with the same period a year ago. GameStop posted $1.79 billion in the fourth quarter, lower than the $2.23 billion seen in the comparable three-month period in the year before. But the company…

The Food and Drug Administration on Tuesday approved a drug from Merck designed to treat a progressive and life-threatening lung condition in a win for both the drugmaker and for patients suffering from the rare disease. The agency greenlighted the therapy, which will be marketed as Winrevair, for adults with pulmonary arterial hypertension. The decision…

10’000 Hours | Digitalvision | Getty Images There’s still time to lower your 2023 tax bill or boost your refund with a lesser-known retirement savings strategy for married couples. One requirement for individual retirement account contributions is “earned income,” such as wages or salary from a job or self-employment earnings. But there’s an exception for…

A judge on Tuesday imposed a limited gag order on Donald Trump ahead of his criminal hush money trial in New York. Trump’s statements about various figures involved in the case “were threatening, inflammatory [and] denigrating,” Manhattan Supreme Court Judge Juan Merchan said in a court order. “Such inflammatory statements undoubtedly risk impeding the orderly…

Republican presidential candidate and former President Donald Trump at a campaign rally in Rochester, New Hampshire on January 21, 2024 . Alex Wong | Getty Donald Trump on Tuesday started promoting a line of pricey Bibles in a partnership with country music star Lee Greenwood, whose song “God Bless the U.S.A.” is omnipresent at the…

In this photo illustration a smartphone screen displays the logo of Donald Trump’s Truth Social app March 25 2024 in Bath, England.  Anna Barclay | Getty Images The share price of Donad Trump’s social media company jumped by more than 50% minutes after it began public trading under the ticker DJT on Tuesday morning. Trading…

Alexey Krukovsky | Istock | Getty Images Viking Therapeutics shares jumped more than 25% on Tuesday after the company said its experimental weight loss pill showed positive results in a small study and will enter the next stage of development later this year. The study results add to the excitement around the drugmaker’s prospects in…